期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2017
卷号：8
期号：6
页码：132-140
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：The aim of this paper is to examine the effect of the external borrowing and foreign aid on economic growth in Tanzania over the period of 1992 to 2014 using ECM approach. The results reveal the presence of long-run co-integration among variables. The results shows that the foreign reserves, exchange rate and external borrowing have positive relationship and significant with economic growth while foreign aid has a negative and insignificant relationship with economic growth. The result also shows that the Foreign reserves, external borrowing, and exchange rate have a positive relationship and significant with economic growth while Foreign aid has negative relationship but insignificant with economic growth in the short-run. The Tanzania government should look for another modality of foreign aid which can be more productivity to the economic development as well as to mobilize more domestic savings and revenue to reduce much dependence on foreign aid. Keywords: External Borrowing, ECM, Foreign Aid, Economic Growth, Exchange rate, Tanzania
其他摘要：The aim of this paper is to examine the effect of the external borrowing and foreign aid on economic growth in Tanzania over the period of 1992 to 2014 using ECM approach. The results reveal the presence of long-run co-integration among variables. The results shows that the foreign reserves, exchange rate and external borrowing have positive relationship and significant with economic growth while foreign aid has a negative and insignificant relationship with economic growth. The result also shows that the Foreign reserves, external borrowing, and exchange rate have a positive relationship and significant with economic growth while Foreign aid has negative relationship but insignificant with economic growth in the short-run. The Tanzania government should look for another modality of foreign aid which can be more productivity to the economic development as well as to mobilize more domestic savings and revenue to reduce much dependence on foreign aid. Keywords: External Borrowing, ECM, Foreign Aid, Economic Growth, Exchange rate, Tanzania
关键词：External Borrowing; ECM; Foreign Aid; Economic Growth; Exchange rate; Tanzania
